FORM 6-K

                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D. C. 20549

                        Report of Foreign Private Issuer
                      Pursuant to Rule 13a-16 or 15d-16 of
                       the Securities Exchange Act of 1934

                          For the month of October 2005

                          EXCEL MARITIME CARRIERS LTD.
                 (Translation of registrant's name into English)

                             67 Akti Miaouli Street
                                  18537 Piraeus
                                     Greece

                    (Address of principal executive offices)

     Indicate by check mark whether the registrant files or will file annual
reports under cover Form 20-F or Form 40-F.

                           Form 20-F |X| Form 40-F |_|

     Indicate by check mark whether the registrant by furnishing the information
contained in this Form is also thereby furnishing the information to the
commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

                                 Yes |_| No |X|


INFORMATION CONTAINED IN THIS FORM 6-K REPORT

          Attached hereto as Exhibit 1 is a press release dated October 24, 2005
announcing the release by Excel Maritime Carriers Ltd. (the "Company") that it
will release its third quarter 2005 results for the period ending September
30th, 2005 after the close of the market on Thursday, November 3rd, 2005 and
that on Friday, November 4th, 2005 at 8:30am EST, the Company's management will
host a conference call to discuss the results.

ADDITIONAL INFORMATION

          None.


Exhibit 1

[Logo]

Contact:
Investor Relations / Financial Media:   Company:
Nicolas Bornozis                        Christopher Georgakis
President                               Chief Executive Officer
Capital Link, Inc.                      Excel Maritime Carriers Ltd.
230 Park Avenue - Suite 1536            67 Akti Miaouli Street
New York, NY 10160, USA                 185 38 Piraeus, Greece
Tel:  (212) 661-7566                    Tel:  011-30-210-45-98-692
Fax: (212) 661-7526                     Fax: 011-30-210-42-82-628
                                        
E-Mail: nbornozis@capitallink.com       E-Mail: info@excelmaritime.com
        -------------------------               ----------------------
        www.capitallink.com                     www.excelmaritime.com
        -------------------                     ---------------------

Excel Maritime Carriers Announces Third Quarter 2005 Results Release Date,
Conference Call and Webcast

Earnings Release: Thursday, November 3rd, 2005, After the Market Closes

Conference Call and Webcast: Friday, November 4th, 2005, at 8:30am EST

PIRAEUS, GREECE, October 24, 2005 - Excel Maritime Carriers (NYSE: EXM)
announced today that it will release its third quarter 2005 results for the
period ending September 30th, 2005 after the close of the financial markets on
Thursday, November 3rd, 2005. On Friday, November 4th, 2005 at 8:30am EST, the
company's management will host a conference call to discuss the results.

Conference Call details:

Participants should dial into the call 10 minutes before the scheduled time
using the following numbers: 1 866 819 7111(from the US), 0800 953 0329 (from
the UK) or + 44(0) 1452 542 301 (from outside the US). Please quote "Excel
Maritime". In case of any problem with the above numbers, please dial 1 866 869
2352 (from the US), 0800 694 1449 (from the UK) or + 44 (0) 1452 560 304 (from
outside the US). Quote "Excel Maritime".

A telephonic replay of the conference call will be available until November
10th, 2005 by dialing 1 866 247 4222 (from the US), 0800 953 1533 (from the UK)
or 44 1452 550 000 (from outside the US). Access Code: 1838801 # 

Slides and audio webcast:

There will also be a live -and then archived- webcast of the conference call,
through the internet through the Excel Maritime Carriers website
(www.excelmaritime.com). Participants to the live webcast should register on the
website approximately 10 minutes prior to the start of the webcast.

About Excel Maritime Carriers Ltd

The Company is an owner and operator of dry bulk carriers and a provider of
worldwide seaborne transportation services for dry bulk cargoes, such as iron
ore, coal and grains, as well as bauxite, fertilizers and steel products. The
company's current fleet consists of 18 vessels (one Capesize, ten Panamax and
seven Handymax vessels) with a total carrying capacity of 1,112,070 dwt. The
Company was incorporated in 1988 and its common stock is listed on the American
Stock Exchange (AMEX) since 1998, trading under the symbol EXM. As of September
15th, 2005 Excel's shares trade on the New York Stock Exchange (NYSE) under the
same symbol - EXM. For more information about the company, please go to our
corporate website www.excelmaritime.com

Forward Looking Statement This press release contains forward-looking statements
(as defined in Section 27A of the Securities Act of 1933, as amended, and
Section 21E of the Securities Exchange Act of 1934, as amended) concerning
future events and the Company's growth strategy and measures to implement such
strategy; including expected vessel acquisitions and entering into further time
charters. Words such as "expects," "intends," "plans," "believes,"
"anticipates," "hopes," "estimates," and variations of such words and similar
expressions are intended to identify forward-looking statements. Although the
Company believes that the expectations reflected in such forward-looking
statements are reasonable, no assurance can be given that such expectations will
prove to have been correct. These statements involve known and unknown risks and
are based upon a number of assumptions and estimates which are inherently
subject to significant uncertainties and contingencies, many of which are beyond
the control of the Company. Actual results may differ materially from those
expressed or implied by such forward-looking statements. Factors that could
cause actual results to differ materially include, but are not limited to
changes in the demand for dry bulk vessels, competitive factors in the market in
which the Company operates; risks associated with operations outside the United
States; and other factors listed from time to time in the Company's filings with
the Securities and Exchange Commission. The Company expressly disclaims any
obligations or undertaking to release publicly any updates or revisions to any
forward-looking statements contained herein to reflect any change in the
Company's expectations with respect thereto or any change in events, conditions
or circumstances on which any statement is based.


          Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.

                          EXCEL MARITIME CARRIERS LTD.
                                  (registrant)


Dated: October 26, 2005                 By: /s/ Christopher J. Georgakis
                                            ----------------------------
                                                Christopher J. Georgakis
                                                President and
                                                Chief Executive Officer

02545.0001 #612190